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American poet Ralph Waldo Emerson once said, “The first wealth is health.” This holds true for businesses as well as people. In this comprehensive report, McKinsey & Company consultants Scott Keller and Colin Price draw on their extensive research to explain how companies can achieve superior business performance in the long run while maintaining their organizational health. This clear set of instructions offers a new spin on maintaining commercial success in the medium to long term; however applying the book’s program requires a dedicated time commitment. getAbstract recommends this impressive manual to leaders who want to achieve top performance, institute constructive transformational change, inspire their employees and invest in their organizations’ long-term well-being.

In this summary, you will learn

Why organizational health is as crucial as fiscal performance,

How to achieve both and

How to apply the “five frames of performance and health.”

About the Authors

Summary

Toyota – A Cautionary Tale Sometimes, a firm’s profitability, financial productivity and business performance harm its rivals. In 2005, Toyota was performing so well that it hoped to supplant General Motors (GM) as the world’s leading automaker. Due mostly to robust US sales, Toyota produced...

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Comment on this summary

To the point summary - "Beyond Performance" is a compendium for leaders searching for positive competitive advantage factors. Organizatonal health is more than the authors describe naming only sustainability as missing. Attentive readers of McKinsey's Quarterly may know the contents from multiple articles with equal subjects. It is good and inspiring fare for practitioners - less easy for beginners. Anyway a great approach for the subject itself with its own right and foundation - recommendable read.